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MikulovicFOREX
Apr 7, 2021 5:00 PM

Bearish Fibonacci Extension Short

U.S. Dollar/Canadian DollarFXCM

Description

Trading Plan (extensions)

ENTRY TECHNIQUE

Visual interpretation of predefined set-up on chart (ABC)
A price movement of 61.8% measured from B to C
Pending limit order at 23.6% measured from B to C

TRADE MANAGEMENT

StopLoss: C
TakeProfit: B

Comment:

Bearish Fibonacci extension appearing on chart. Stand by for confirmation


Good luck to everyone trading USD/CAD!

Trade closed: target reached

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